Oregon: Mia Getlin Partner @ Gleam Law says “OLCC recreational marijuana licensing is currently a confusing mess”

CANNANNEW REPORT

Oregon and the OLCC although not always perfect were seen as the gold standard for the management of regulated cannabis in the US. But the last six months what with organized crime taking over cannabis in southern Oregon and enforcement agencies out numbered, outgunned, and underfunded, now it appears the recent administrative changes within the OLCC don’t seem to have gelled as yet Maybe the state’s former confidence in managing regulated cannabis is beginning to unravel. Getlin writes for CBE However, in the coming months, the legislature will consider House Bill 4016, which would reinstate the producer license moratorium and, potentially, an amendment that would apply the moratorium to other license types as well. HB 4016 provides for the moratorium to be retroactive to January 2, 2022. This means that, if the bill passes as currently written no new producer applications will be processed and non-producer applications submitted on January 2, 2022 or later may be deactivated. These contradictions have led to great confusion in the industry. Business and license transactions have been terminated or renegotiated and would-be licensees have invested significant funds into new businesses expecting their new applications to be processed. Our clients have entered into long term leases or purchased real estate based on the expectation that their new applications will be processed. We have even talked to license and business brokers who are no longer taking new listings because “licensing has fully reopened.” This uncertainty is making business planning very difficult and confusing. In short, OLCC recreational marijuana licensing is currently a confusing mess. We are hopeful that we will have clarity soon, but in the meantime, things certainly are exciting. Read the full article at  https://www.cannabisbusinessexecutive.com/2022/01/what-is-going-on-with-olcc-recreational-marijuana-licensing/?utm_source=CBE+Master+List&utm_campaign=dda27a8e80-CBE-News-Insights-Issue-%23281-1-18-22-V1&utm_medium=email&utm_term=0_1f64189714-dda27a8e80-264162657

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Source : Oregon: Mia Getlin Partner @ Gleam Law says “OLCC recreational marijuana licensing is currently a confusing mess”

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